Minimum Salary Salary Transfer Early Settlement Fees Maximum Term Flat Rate Reducing Rate
ADIB - New Car Finance - Ijarah ADIB - New Car Finance - Ijarah Minimum Salary: AED 10,000 Salary Transfer: No Early Settlement Fees: 1% Maximum Term: 5 Years Flat Rate: 3.99% Reducing Rate: 7.23%
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​​Looking to finance your dream car with 0% down ​payment? ADIB Car Ijarah offers 100% financing along with a full comprehensive Takaful cover, extended warranty, and no traffic registration fee.

Features and benefits: 
  • Highly competitive profit rates
  • Quick approval process
  • No salary transfer required
  • Repayment period of up to 60 months
  • The flat rate of this finance is 3.99% and the equivalent rate in reducing balance is 7.23%. The calculation used is a multiplication of the flat rate by 1.814 and this is indicative only.
  • The profit rate starts at 3.99% for salaried and self employed individuals.
  • 0% down payment option. 
  • There is an arrangement fee of AED 1,000.
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
Representative Example Calculator
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